Genuine Parts Company (GPC)

NYSE: GPC · Real-Time Price · USD
120.76
-0.50 (-0.41%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.41%
Market Cap 16.79B
Revenue (ttm) 23.30B
Net Income (ttm) 1.09B
Shares Out 139.04M
EPS (ttm) 7.76
PE Ratio 15.56
Forward PE 14.55
Dividend $4.00 (3.31%)
Ex-Dividend Date Sep 6, 2024
Volume 1,042,529
Open 121.67
Previous Close 121.26
Day's Range 119.75 - 121.67
52-Week Range 112.74 - 164.45
Beta 0.93
Analysts Buy
Price Target 134.29 (+11.2%)
Earnings Date Oct 22, 2024

About GPC

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companie... [Read more]

Industry Auto Parts
Founded 1928
Employees 60,000
Stock Exchange NYSE
Ticker Symbol GPC
Full Company Profile

Financial Performance

In 2023, Genuine Parts Company's revenue was $23.09 billion, an increase of 4.50% compared to the previous year's $22.10 billion. Earnings were $1.32 billion, an increase of 11.32%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for GPC stock is "Buy." The 12-month stock price forecast is $134.29, which is an increase of 11.20% from the latest price.

Price Target
$134.29
(11.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Genuine Parts Company Declares Regular Quarterly Dividend

ATLANTA , Nov. 19, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today i...

1 day ago - PRNewsWire

Top Dividend Aristocrats To Buy Now After The Trump Sweep

A potential 15% corporate tax rate could trigger a significant rally, similar to the 2017 euphoria, boosting S&P 500 earnings by 4%. Focus on undervalued, high-quality dividend aristocrats in consumer...

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11 days ago - Seeking Alpha

My Top 10 High-Yield Dividend Stocks For November 2024

SPY's 5 month positive streak comes to an end in October as it posts a loss of 0.89%. The top 10 stocks on the watchlist for November 2024 offer a 3.61% dividend yield, more than double the S&P 500. M...

17 days ago - Seeking Alpha

These are the S&P 500's biggest laggards for October, down by as much as 29%

Super Micro joined the list after a 33% drop on Wednesday.

20 days ago - Market Watch

Genuine Parts Stock: Not Cheap Enough To Buy, Yet

Assessing risk vs. reward is crucial for stock investing; Genuine Parts Company's recent 20% drop prompts a re-evaluation of its current investment potential. Treat Genuine Parts' current downturn as ...

22 days ago - Seeking Alpha

My Best Dividend Aristocrats For November 2024

The ProShares S&P 500 Dividend Aristocrats ETF went on a great run during Q3, gaining 11.6% during the quarter. I present 3 strategies that can theoretically beat the dividend aristocrat index in the ...

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22 days ago - Seeking Alpha

Genuine Parts Company: Rating Downgrade On Weak Near-Term Outlook

I downgrade Genuine Parts Company stock from buy to hold due to poor 3Q24 performance and a weak macroeconomic outlook impacting both APG and IPG segments. 3Q24 results showed disappointing comparable...

27 days ago - Seeking Alpha

Genuine Parts Company: A Buy Opportunity Following The Recent Drop

Genuine Parts Company experienced a significant 20% drop in stock value, now trading at a valuation below 12.2x P/E normalized with a yield above 3.53%. Despite the drop, Genuine Parts Company remains...

4 weeks ago - Seeking Alpha

Genuine Parts Company: We Double Down

Genuine Parts reported weaker Q3 results, leading to a sharp guidance cut. On a positive note, sales are normalizing, and there was an improvement in the gross margin. M&A upside, valuation discount, ...

4 weeks ago - Seeking Alpha

NAPA Auto Parts Parent's Stock Tumbles on Weak Profit, Lowered Outlook

Genuine Parts Co. (GPC) was the biggest decliner in the S&P 500 Tuesday after its third-quarter net income fell well short of estimates and it lowered its profit projections for the full fiscal year.

4 weeks ago - Investopedia

Genuine Parts Company (GPC) Q3 2024 Earnings Call Transcript

Genuine Parts Company (NYSE:GPC) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Tim Walsh - Senior Director, Investor Relations Will Stengel - President and Chief E...

4 weeks ago - Seeking Alpha

Genuine Parts stock slides on Q3 earnings miss, lowered outlook

Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market conditio...

4 weeks ago - Market Watch

Why This Auto-Parts Stock Is Tuesday's Worst Stock in S&P 500

Genuine Parts falls short on quarterly earnings estimates but beats on sales.

4 weeks ago - Barrons

Genuine Parts Company Reports Third Quarter 2024 Results and Revises Full-Year Outlook

Sales of $6.0 billion Diluted EPS of $1.62 Adjusted Diluted EPS of $1.88 Revises 2024 Outlook: Revenue Growth of 1% to 2% from 1% to 3% Adjusted Diluted EPS of $8.00 to $8.20 from $9.30 to $9.50 ATLAN...

4 weeks ago - PRNewsWire

Oakmark's Bill Nygren on stocks to play today

Bill Nygren, Oakmark portfolio manager, joins 'Money Movers' to discuss the rationale behind the stock position's Nygren has added, why value is the most important factor, and much more.

Other symbols: MRKAXPMCO
4 weeks ago - CNBC Television

Genuine Parts 2.8% Yield And A Look At AutoZone, Advance Auto Parts And O'Reilly

Genuine Parts Co. is a Dividend King /Champion with a 68-year history of rising dividends, offering a reliable but currently somewhat overvalued investment. AutoZone Inc. and O'Reilly Automotive Inc. ...

Other symbols: AAPAZO
4 weeks ago - Seeking Alpha

Genuine Parts Company to Present at the Gabelli Funds 48th Annual Automotive Symposium

ATLANTA , Oct. 15, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today t...

5 weeks ago - PRNewsWire

Buy 7 October Dividend Kings, Watch 10 More

A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...

Other symbols: ADMBKHCWTEDFTSHRLKO
5 weeks ago - Seeking Alpha

Buy 4 October Dividend Aristocrats & Watch 10

"Dividend Aristocrats... in the S&P500 Index… have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 67 Aristocrats, screened as of October 7, 2024...

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6 weeks ago - Seeking Alpha

Undervalued Dividend Kings: October 2024

Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for pote...

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6 weeks ago - Seeking Alpha

Genuine Parts Company to Report Third Quarter 2024 Results on October 22, 2024

ATLANTA , Oct. 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release t...

7 weeks ago - PRNewsWire

GoldenPeaks Capital and CNBM Strengthen Their Renewable Energy Partnership and Commit to Target a 1GW Project Pipeline Annually in Europe

MUNICH--(BUSINESS WIRE)--GoldenPeaks Capital Holding Ltd (GPC), a leading independent power producer in Eastern Europe and China National Building Material Group Corporation (CNBM), a Fortune Global 5...

7 weeks ago - Business Wire

3 Dividend Aristocrats To Help You Sleep Well At Night

I prioritize dividend growth over yield, focusing on Dividend Aristocrats like Realty Income, Chevron, and Genuine Parts Company for their consistent dividend increases and robust cash flows. Realty I...

Other symbols: CVXO
2 months ago - Seeking Alpha

Buy 7 September Dividend Kings, Watch 9 More

"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sect...

Other symbols: ADMBKHCWTEMRFTSHRLKO
2 months ago - Seeking Alpha

Genuine Parts Company: Don't Miss Out On This Quality Dividend Grower

Genuine Parts has hiked its dividend each year since the Eisenhower administration. The company's growth prospects appear to be intact for the foreseeable future. Genuine Parts enjoys a BBB credit rat...

2 months ago - Seeking Alpha